Ruggaard & Associates LLC Trims Stock Position in American Century U.S. Quality Growth ETF $QGRO

Ruggaard & Associates LLC trimmed its stake in shares of American Century U.S. Quality Growth ETF (NYSEARCA:QGRO) by 10.3% in the fourth quarter, Holdings Channel.com reports. The fund owned 129,074 shares of the company’s stock after selling 14,861 shares during the quarter. American Century U.S. Quality Growth ETF makes up approximately 5.8% of Ruggaard & Associates LLC’s investment portfolio, making the stock its biggest position. Ruggaard & Associates LLC’s holdings in American Century U.S. Quality Growth ETF were worth $14,782,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Greenline Wealth Management LLC acquired a new position in shares of American Century U.S. Quality Growth ETF in the 4th quarter worth approximately $37,000. Kingdom Financial Group LLC. acquired a new stake in shares of American Century U.S. Quality Growth ETF during the fourth quarter worth $40,000. Farther Finance Advisors LLC increased its position in shares of American Century U.S. Quality Growth ETF by 260.2% during the fourth quarter. Farther Finance Advisors LLC now owns 425 shares of the company’s stock worth $49,000 after buying an additional 307 shares during the period. Clearstead Advisors LLC bought a new position in American Century U.S. Quality Growth ETF during the fourth quarter worth $52,000. Finally, Qube Research & Technologies Ltd bought a new position in American Century U.S. Quality Growth ETF during the third quarter worth $62,000.

American Century U.S. Quality Growth ETF Stock Up 1.2%

QGRO stock opened at $117.48 on Friday. The firm has a market cap of $2.27 billion, a price-to-earnings ratio of 32.09 and a beta of 1.09. The company’s fifty day simple moving average is $113.84 and its 200 day simple moving average is $112.42. American Century U.S. Quality Growth ETF has a 12-month low of $101.04 and a 12-month high of $118.81.

About American Century U.S. Quality Growth ETF

The American Century U.S. Quality Growth ETF (QGRO) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of large- and mid-cap US stocks. Holdings are selected and weighted by growth and quality factors. QGRO was launched on Sep 10, 2018 and is managed by American Century Investments.